Tag Archives: Shiba Inu (SHIB)

TL;DR ChatGPT highlighted two cryptocurrencies as top meme coins that could perform well if Bitcoin reaches $100K, due to their strong community support and historical performance. Lesser-known memes like MAGA (TRUMP), Jeo Boden (BODEN), and Kamala Horris (KAMA) could also see gains, additionally influenced by the upcoming US Presidential elections. ChatGPT Picks These Memes Meme coins have been crypto’s rock stars during the latest bull cycle, with Shiba Inu (SHIB),...

Seychelles-based derivatives exchange, BitMEX has announced the launch of the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. The latest offering is designed to provide traders with an opportunity to gain exposure to the top meme coins in the market through a single contract. BitMEX’s MEMEMEXTUSDT Dubbed the “S&P500 for crypto meme coins,” this new offering will allow traders to speculate on the overall performance of popular OG meme coins such as Dogecoin (DOGE) and...

This meme coin continues to suffer with no relief from buyers so far. Key Support levels: $0.000014 Key Resistance levels: $0.000018 1. SHIB Remains Bearish The price fell by almost 6% in the past week, and this correction shows no signs of ending. The current support is found at $0.000014, which could be the place where buyers become interested again. Until then, the bias remains bearish on this price action. Chart by TradingView2. Sellers Dominate Back in March, SHIB...

The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones and evaluate their chances for further progress throughout the ongoing month. Shiba Inu (SHIB) The second-biggest meme coin by market capitalization is quite...

Artificial Intelligence has entered the scene with a bang, and that’s particularly true for OpenAI’s ChatGPT. Although not accurate on multiple occasions, it’s always good fun to poke its AI-powered brains on different hypothetical scenarios. That’s what we’ve decided to do – combining existing predictions and potential developments. Can Bitcoin Reach $1 Million? As CryptoPotato reported earlier, analysts from the well-known firm Bernstein Research gave multiple particularly...

The cryptocurrency market has been lackluster, with top assets trading sideways, showing minimal volatility and limited price movement. Despite this period of stagnation, data suggests that most of these digital assets are undervalued and have more upside potential. SHIB, DOGE, ADA Immensely Undervalued According to Santiment’s latest findings, the 30-day Market Value to Realized Value (MVRV) ratio found several assets to be undervalued. A lower MVRV ratio indicates that...

TL;DR Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to stay dominant in 2024 due to their strong recognition and ecosystems. However, many contenders could steal their thunder this year, assuming certain factors are in place. Starting With the Leaders Meme coins have been crypto’s rock stars during this bull cycle, with many experiencing impressive price increases and receiving support from leading exchanges and prominent industry figures. They are also...

Since Dogecoin’s debut in 2013, the meme coin market has seen significant growth, reaching a total market cap of $60 billion by June 2024. In March alone, the asset class attracted a whopping $13 billion in spot trading volumes on exchanges, surpassing major blue-chip cryptocurrencies such as Ethereum and Solana. However, this sector is grappling with risks. Red Flags Identified in Meme Coin Investments According to CoinShares’ latest report, the heavy concentration of assets...

Despite an attempt at making higher highs in early June, momentum has shifted in favour of sellers. Key Support levels: $0.000018 Key Resistance levels: $0.000025   1. SHIB Loses Key Level Market participants were hoping SHIB can hold the $0.000025 level as a key support that can send the price to new highs. Unfortunately, this was short-lived. Sellers took back control of the price action and turned this level into a key resistance. Chart by TradingView2. Bulls on the...

TL;DR Shibarmy Scam Alerts warned about fraudulent websites targeting Shiba Inu users, urging verification of site legitimacy. The Shiba Inu team previously cautioned about fake Dapps and deceptive offers, emphasizing double-checking URLs and avoiding suspicious links. The Latest Alert The X account focused on treats surrounding Shiba Inu and its native token SHIB – Shibarmy Scam Alerts – issued a stark warning to the community. The team claimed that multiple fraudulent...